commitment device
/kəˈmɪtmənt dɪˌvaɪs/
a mechanism that binds one to a future course of action
commitment device in a sentence
“Burning bridges is a commitment device signaling no retreat.”
Origin of commitment device
From commit (Latin committere to unite) + device
Related Words
signaling
actions taken to convey information about oneself to others
screening
actions by the uninformed party to induce information revelation
moral hazard
increased risk-taking by someone protected from consequences
adverse selection
the tendency for higher-risk individuals to seek insurance
credible threat
a threat that is believable because carrying it out is rational
brinkmanship
pushing a dangerous situation to the edge to force concessions